RE: Doomsters, the difference....2 Jun 2023 21:43
As I understand it, these options give the directors the right to buy shares at 1p if and when the SP maintains 2p or more for a period of 5 days consecutively.
These options are in lieu of salary.
It does not in itself mean that the directors are confident that the SP will reach 2p (although they might). It could be said that the directors will do what they can to increase the SP to 2p, but their control over this is limited.